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Condo Conversions in Los Angeles Slowing Down
Friday, 14 July 2006
With interest rates up and home prices stagnating, the days of easy money are over, an observer says.
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Commercial Space Demand in Baton Rouge Stays Healthy
Friday, 14 July 2006
Baton Rouge's commercial real estate is still benefiting from the aftereffects of Hurricane Katrina. An estimated 235,000 evacuees initially sought refuge in apartments and homes, while businesses snapped up office and warehouse space in the Louisiana capital city region, just 90 miles northwest of New Orleans.
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No More Limits on Listings for Texas Real Estate Sites
Friday, 14 July 2006
The Federal Trade Commission said yesterday that Texas real-estate group has agreed to allow discount brokers unrestricted rights to put property listings on the Internet after the first of several federal investigations into unfair business practices nationwide.
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June Mortgage Activity for Countrywide Financial Dropped
Friday, 14 July 2006
Thursday, Countrywide Financial Corp., which originates and invests in home loans, said that June mortgage loan fundings and application activity fell from a year ago, reflecting a wider slowdown in home buying.
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National Rankings for US Real Estate Firms
Friday, 14 July 2006
Coldwell Banker Triad Realtors and the parent company of Prudential Carolinas Realty have been ranked among the nation's 100 highest-performing firms by Realtor Magazine, a publication of the National Association of Realtors.
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Long & Foster Buys North Carolina Real Estate Leader
Friday, 14 July 2006
Yesterday, Long & Foster Cos., the region's largest real estate brokerage, announced that it has bought a market leader in North Carolina's Research Triangle.
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Mortgage Giants Find Ways to Prevent Potential Disaster
Wednesday, 12 July 2006
The new head of the agency that oversees the Fannie Mae and Freddie Mac said Monday that a potential financial disaster that could have shaken the housing market was averted because regulators discovered accounting failures at the mortgage giant.
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Is Reverse Mortgage an Option for You?
Wednesday, 12 July 2006
Many individual who own their own houses may discover themselves "house rich and cash poor."
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Real Estate to be Invested by National City in Florida
Wednesday, 12 July 2006
Florida, a state where there is actual growth potential, is a rare thing for big banks. Banks like Bank of America, Wachovia, SunTrust, and Fifth Third are very much aware of this.
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$48M Paid for a North Miami Beach Shopping Center
Wednesday, 12 July 2006
An amount of $48 million, or about $200 per square foot, for a 233,000-square-foot lifestyle center in North Miami Beach from Palm Beach Gardens-based RAM Real Estate Inc was paid by Florida-based Woolbright Development Inc.
Last Updated ( Wednesday, 12 July 2006 )
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Denver Area Sets Record Foreclosure Pace
Wednesday, 12 July 2006
In the Denver area, more than 9,500 real estate foreclosures have been filed in the first half of the year, about 34% more than in the first six months of 2005.
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Hidden costs Dreaded by Condo Owners
Tuesday, 11 July 2006
The monthly fees can go up significantly if you're buying a newly built condo. There are no published benchmarks on what it costs to live in a condominium.
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South Korean Budget Goes to U.S. Real Estate
Tuesday, 11 July 2006
Neal Sroka, senior vice president of marketing at Corcoran Group, a high-end real-estate brokerage firm in New York said that the "money that is coming out of Korea is astronomical. Mr. Sroka says about half his Korean clients pay cash.
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